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Warren Buffett looking especially oracular again, as his crisis-timed Goldman Sachs (GS +1.7%)...

Thursday, July 23, 2009, 12:21 PM ET
Warren Buffett looking especially oracular again, as his crisis-timed Goldman Sachs (GS +1.7%) options are now in the money to the tune of $2B. Warrants allow Buffett to buy $5B in shares at $115; GS now at $163.07. In April, Dick Bove argued the bank should pay Buffett back before TARP to avoid diluting existing shares; GS went a different way.

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Beyond Trading Comments (134)

Warren Buffett back to his best "invest your money in good companies that you think are well run. Reinvest the profits in other good companies. Never borrow money. Do all this, and your money will compound in value."

23 Jul 2009, 12:50 PM Reply Like

SavvyTrader Comments (2)

I did it in intuitive surgical :)

24 Jul 2009, 10:58 AM Reply Like

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